Rule – 72, Amount withdrawn but not repaid may be deemed as income
March 27, 2018
Rule – 74, Accounts
March 27, 2018

Rule – 73, Withdrawal within twelve months before retirement

73. Notwithstanding anything contained in rules 68 to 72, it shall be open to the trustees of a provident fund to permit at any time within twelve months before the date of retirement on superannuation of an employee, the withdrawal of upto ninety per cent of the amount standing at the credit of the employee.

Reference: www.incometaxindia.gov.in

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